- August 7th, 2017
EUROPE POWER-Day-ahead prices fall, more supply to outweigh demand gains
European day-ahead power prices were weighed down on Monday by projections for higher wind power supply, which countered anticipated demand gains. ›
European day-ahead power prices were weighed down on Monday by projections for higher wind power supply, which countered anticipated demand gains. ›
Oil traded near $49 a barrel before representatives of OPEC nations meet with their allies to discuss why some of them are falling behind in pledges to reduce production. ›
UK day-ahead power prices strengthened for the second consecutive trading session on Friday, mirroring firm NBP gas markets, and tight supply margins for Monday. ›
British wholesale gas prices rose on Friday due to supply shortfalls and higher demand. ›
European prompt power prices for Monday lept in Friday wholesale market trading, mainly on an anticipated fall in German wind power supply. ›
Oil is back down again this week following the year’s biggest rally as investor focus shifted to rising output from the U.S. and OPEC, away from a seasonal increase in American fuel demand. ›
European prompt power prices were mixed on Thursday, with German day-ahead falling sharply while those in France were up on the day, bringing the market back in line with normal levels. ›
British gas for immediate delivery rose on Thursday as an outage restricting Norwegian gas production capacity was extended, but contracts further along the curve fell on expectations the outage would be resolved on Friday, traders said. ›
Oil halted gains above $49 a barrel as investors weigh a rebound in U.S. output against declining crude and gasoline stockpiles. ›
Near-term UK wholesale natural gas pricing found support early Wednesday from an unplanned Norwegian outage set to reduce pipeline imports during the trading session. ›